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Story perspectives

India Boosts Drug Exports, Reducing U.S. Dependency

9/4/2025

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Story summary
  • India seeks to enhance drug exports to semi-regulated markets in Africa, Latin America, and Southeast Asia, reducing U.S. dependence.
  • The Pharmaceuticals Export Promotion Council aims to increase sales to China to mitigate a $99.2 billion trade deficit.
  • Exports to the U.S. increased by 20%, reaching $10.5 billion in fiscal 2025, despite tariff issues.